eBay: The Most Profitable But Nearly Forgotten Online Retailer Is Not A Buy Anymore

Summary:

  • eBay is one of the dinosaurs of online retailing. Despite not being a growth company, it is still well alive.
  • Its stock has seen a strong uptrend since the separation with PayPal in mid-2015 – mainly due to aggressive buybacks. However, its user base is crumbling.
  • All in all, the EBAY stock seems to be more of a melting ice-cube at a premium price than a deep value bargain.
Browsing the ebay webpage on an ipad

ymgerman

Introduction

I’m tempted to say that (almost) everyone knows eBay (NASDAQ:EBAY). The online retailing dinosaur, which was once declared dead due to explosively growing and more modern competitors, is still alive. In fact, it’s even the most profitable of such platforms. Not noticed


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